SBI to conduct e-auction of 11 accounts to recover dues of Rs 467 crore

SBI said the financial assets were showcased on Oct 12 and the e-auction will take place on Nov 7. The auction for the accounts will be held under the 'Swiss Challenge Method', based on an existing offer in hand, who will have the right to match the highest bid.

from Banking/Finance-Industry-Economic Times https://ift.tt/33MJSHy